Avalon Property
Executive Summary
Executive Summary (overview)
- One-paragraph overview tied to the latest reported drilling results date.
- Estimated probability of advancing to a formal resource.
- Typical ranges for grade, tonnage, mine life, and method mix.
- Cost structure summary and where the project ranks vs peers.
Regional Gold Potential
Avalon is located in Australia, Oceania. The surrounding region has historically demonstrated a very high potential for gold endowment and is very proximal to other gold properties. Physical setting (moderate elevation, moderate relief, dry climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Precambrian rocks, under moderately thick lithosphere with very thin sedimentary cover in a Archean Shield tectonic province—factors that inform both deposit style and development complexity.
Drill Intercepts
Reported results (Gold Equivalent) average very low grade, very short, and deep. The most recent intercepts are benchmarked against a global gold database.
| Date | Intercept (Gold Equivalent) | Grade | Length | Depth |
|---|---|---|---|---|
| 2024-12-10 | 0.01 g/t Gold Equivalent over 1.0 m from 33.0 m | Very Low Grade | Thin | Shallow |
| 2024-12-10 | 0.00 g/t Gold Equivalent over 1.0 m from 111.0 m | Very Low Grade | Thin | Moderate Depth |
| 2024-12-10 | 0.00 g/t Gold Equivalent over 1.0 m from 110.0 m | Very Low Grade | Thin | Moderate Depth |
| 2024-12-10 | 0.01 g/t Gold Equivalent over 1.0 m from 112.0 m | Very Low Grade | Thin | Moderate Depth |
| 2024-12-10 | 0.02 g/t Gold Equivalent over 1.0 m from 122.0 m | Low Grade | Thin | Moderate Depth |
| 2024-12-10 | 0.00 g/t Gold Equivalent over 1.0 m from 129.0 m | Very Low Grade | Thin | Moderate Depth |
| 2024-12-10 | 0.00 g/t Gold Equivalent over 1.0 m from 128.0 m | Very Low Grade | Thin | Moderate Depth |
| 2024-12-10 | 0.00 g/t Gold Equivalent over 1.0 m from 127.0 m | Very Low Grade | Thin | Moderate Depth |
| 2024-12-10 | 0.00 g/t Gold Equivalent over 1.0 m from 126.0 m | Very Low Grade | Thin | Moderate Depth |
| 2024-12-10 | 0.00 g/t Gold Equivalent over 1.0 m from 125.0 m | Very Low Grade | Thin | Moderate Depth |
| 2024-12-10 | 0.00 g/t Gold Equivalent over 1.0 m from 124.0 m | Very Low Grade | Thin | Moderate Depth |
| 2024-12-10 | 0.00 g/t Gold Equivalent over 1.0 m from 123.0 m | Very Low Grade | Thin | Moderate Depth |
| 2024-12-10 | 0.04 g/t Gold Equivalent over 1.0 m from 121.0 m | Low Grade | Thin | Moderate Depth |
| 2024-12-10 | 0.00 g/t Gold Equivalent over 1.0 m from 113.0 m | Very Low Grade | Thin | Moderate Depth |
| 2024-12-10 | 0.02 g/t Gold Equivalent over 1.0 m from 120.0 m | Low Grade | Thin | Moderate Depth |
Resource Potential
Resource Potential (overview)
- Probability estimate of advancing to a formal resource.
- Typical ranges for grade and tonnage with p50 markers.
- Side-by-side histograms vs. a global reference dataset.
- Plain-English guidance on how to interpret uncertainty.
Economic Potential
Economic Potential
- Distribution of NPV across 1,000 discounted cash-flow simulations.
- Expected NPV value with context vs. drill-stage peers.
- Discussion of spread, skew, and scenario tails (upside/downside).
- Explicit assumptions shown for discount rate and commodity price.
Assumption Distributions
Assumption Distributions
- Reserve conversion and mine life distributions.
- Recovery, processing costs, and waste:ore ratio ranges.
- Capex/offsite opex, average production rate, and other drivers.